2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$522BCURRENT US$
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GDP GROWTH
99%CURRENT US$
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$33,815CURRENT US$
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GDP PC GROWTH
-31.2%CURRENT US$
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$54,660CURRENT US$
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64.9%CURRENT US$
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About

Japan-Israel Trade: In 2022, Japan exported $1.5B to Israel. The main products that Japan exported to Israel were Cars ($727M), Machinery Having Individual Functions ($105M), and Delivery Trucks ($52.1M). Over the past 5 years the exports of Japan to Israel have decreased at an annualized rate of 5.22%, from $1.96B in 2017 to $1.5B in 2022.

In 2022, Japan did not export any services to Israel.

Israel-Japan Trade: In 2022, Israel exported $1.21B to Japan. The main products that Israel exported to Japan were Integrated Circuits ($159M), Medical Instruments ($144M), and Other Measuring Instruments ($110M). Over the past 5 years the exports of Israel to Japan have increased at an annualized rate of 4.04%,  from $957M in 2017 to $1.21B in 2022.

In 2012, Israel exported services to Japan worth $88M, with Computer and information services ($80.1M) and Royalties and license fees ($7.89M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $1.5B to Israel. The main products exported from Japan to Israel were Cars ($727M), Machinery Having Individual Functions ($105M), and Delivery Trucks ($52.1M). During the last 5 years the exports of Japan to Israel have decreased at an annualized rate of 5.22%, from $1.96B in 2017 to $1.5B in 2022.

In 2017, Israel exported $1.21B to Japan. The main products exported from Israel to Japan were Integrated Circuits ($159M), Medical Instruments ($144M), and Other Measuring Instruments ($110M). During the last 5 years the exports of Israel to Japan have increased at an annualized rate of 4.04%, from $957M in 2022 to $1.21B in 2017.

Exports from Japan (Flag) to Israel (Flag) (2022)

Exports from Israel (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Israel
Top Destination
United States$20.3B

This map shows whether countries import more from Japan or Israel. Each country is colored based on the difference in imports they receive from Japan and Israel or the difference in the growth in imports.

In 2022, countries that imported more from Japan than Israel included China ($135B), United States ($137B), and South Korea ($50.8B).

In 2022, countries that imported more from Israel than Japan included Palestine ($4.6B), Ireland ($3.86B), and Cyprus ($827M).

Difference in imports from Israel (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Israel

Flow
Scale

This chart compares trade between Japan and Israel by product, considering products traded by both, Japan and Israel.

During 2022, Japan had a large net trade with Israel in the exports of Transportation ($818M), Machines ($338M), and Chemical Products ($119M).

During 2017, Israel had a large net trade with Japan in the exports of Machines ($363M), Instruments ($338M), and Chemical Products ($228M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Israel+$150MCars
Top Product Potential Israel Japan+$87.3MIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Israel. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Israel (Flag) (2022)

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